# PPP loan: KABRICK DISTRIBUTING COMPANY OF MASON CITY, INC.
> **$363K** approved 04/08/2020 · Paid in Full · Loan `7803867000`
## Borrower
- **Name:** KABRICK DISTRIBUTING COMPANY OF MASON CITY, INC.
- **Address:** 1809 S BENJAMIN AVE, MASON CITY, IA, 50401-5610
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Rent:** $30K
- **Utilities:** $10K
- **Health care:** $51K
- **Jobs reported:** 28
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*